22CANotification of proposed contracts

#### 22CA Notification of proposed contracts (1) If: (a) a designated Telstra successor company proposes to enter into a relevant contract; and (b) the contract is to be entered into for a purpose relating to the transfer of one or more assets that were used in connection with the fulfilment of obligations imposed on the company by the section 14 contract known as the Telstra USO Performance Agreement; the company must, at least 30 days before entering into the contract, give: (c) an authorised officer; or (d) if there is no authorised officer—the Minister; a written statement that sets out the following information: (e) the names of the parties to the contract; (f) the nature of the contract; (g) the date the contract is to be entered into; (h) the date when the contract is to come into effect; (i) the name of the transferee of the assets; (j) such other information (if any) relating to the contract as is specified under subsection (2). (2) The Minister may, by legislative instrument, specify information for the purposes of paragraph (1)(j). (3) Subsection (1) is a civil penalty provision. > Note: Part 31 provides for pecuniary penalties for breaches of civil penalty provisions.